“Haste makes waste, and people that procrastinate and
wait until the last minute to file their tax returns, we see it over and over,
they don’t take all their deductions they’re entitled to,” Mennenga said. “They
don’t have time to get together what they should be putting together.”

Mennenga advises procrastinators to take the time to
fill out their long-forms rather than using the 1040-EZ because you could wind
up paying quite a bit less or getting a bigger refund. There is another
last-resort option: file for an extension.
But if you choose that route, you may want to consider paying what you
think you will owe or you run the risk
of having to pay a penalty.

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